USDC is a stablecoin pegged 1:1 to the US Dollar, offering price stability, transparency, and regulatory compliance. Minting USDC involves depositing US Dollars into Circle-managed ...
The data analysis platform reported on Jan. 31 that the stablecoin market cap rose 73% from $121.18 billion in August 2023 to reach an all-time high of $211 billion, while USDC (USDC ...
Circle’s USD Coin (USDC) witnessed remarkable growth in 2024, with its circulation increasing by 78% year-over-year, according to a report shared by the stablecoin’s issuer. The company's ...
Coinbase, in partnership with Morpho Labs, has launched a Bitcoin-backed loan service, allowing U.S. users to borrow up to $100,000 in USD Coin (USDC) using their Bitcoin as collateral. This ...
The surge hints at fresh capital flowing into the market, likely fueled by hopes of a spot ETF listing in the U.S. Speaking of stablecoins, USDC is stealing the spotlight as the star performer ...
The circulation of USD Coin (USDC) grew 78% year-over-year, outpacing the growth rate of all global stablecoins, Circle said in its third annual State of the USDC Economy Report released on Jan. 14.
On January 9, 2025, a federal district court in Kentucky issued a decision that blocks the Biden administration’s attempt to change the definition of “sex” in Title IX regulations and ...